Treasury Bills — but which money to use?
Hi Terry,
I am a daily WGN radio listener and, at your advice, am finally sitting down to purchase Treasure Bills.
I have a question.
I am 67 years old.
I am retired (1.5 years)
My money is in a 403b account and I have a small amount of money in a Roth IRA account (Vanguard).
From which of these accounts should I withdraw money to invest in Treasure bills?
Thanks so much for your advice!
Terry Says
You need an overall lookat how your retirement accounts are invested. Do you know what funds/stocks are inside? How much risk you are taking at this stage of life?
Why didn’t you roll over your 403(b) so you could have a wider/safer choice of funds for a retiree (as opposed to the plan funds which are designed for younger people growing their money)? Read this: https://www.terrysavage.com/?post_type=post&s=rollover
I think this is the time for an overall financial plan — not just investments. But you need an advisor who is not trying to sell you stuff. Read this to find one.
